Coinbase Wins in Third Circuit, Forcing SEC to Embrace Crypto Rulemaking
Coinbase Smacks Down SEC in Landmark Crypto Win Coinbase just handed the SEC a stinging defeat in federal court, with the Third Circuit ruling the agency overreached by rejecting the exchange’s rule-making petition without proper explanation. This precedential decision forces the SEC to rethink its “regulation by enforcement” playbook against crypto platforms, potentially opening doors…
